Bill Text: NY S03547 | 2023-2024 | General Assembly | Introduced

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Bill Title: Repeals provisions relating to mandatory anti-arson applications for insurance coverage to insure any building against the peril of fire or explosion.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-03 - REFERRED TO INSURANCE [S03547 Detail]

Download: New_York-2023-S03547-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          3547

                               2023-2024 Regular Sessions

                    IN SENATE

                                    January 31, 2023
                                       ___________

        Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
          printed to be committed to the Committee on Insurance

        AN ACT to repeal certain provisions of the  insurance  law  relating  to
          anti-arson applications

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 3403 of the insurance law is REPEALED.
     2    § 2. The superintendent of financial services shall repeal  all  rules
     3  and  regulations  which  implement the provisions of section 3403 of the
     4  insurance law.
     5    § 3. This act shall take effect immediately.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06507-01-3